ILO, Safaricom Foundation, Inoorero University & Chase Bank Unveil The 2012 Enablis Business Plan Competition

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In a move to promote entrepreneurship in the country ILO, the Safaricom Foundation, Inoorero University and Chase Bank together with the Enablis Entrepreneurial Network East Africa launched this years annual Enablis business plan competition aimed at youth 18 years and above or those with startups not more than a year old.

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The Enablis business plan competition, runs from November 12 2012 to February 2013 and wants to give a platform for entrepreneurs with outstanding businesses or ideas to write leading business plans about their innovations or ideas.

The competition is in four categories but in line with agri-business and agri-processing such as manufacturing; ICT,  media and green or eco business.

To enter the competition, aspiring entrepreneurs will submit an online business plan  from November 12, 2012 to December 18, 2012, then top finalists will be announced on January 18, 2012.

Inoorero University, as the training partner will hold a series of awareness and training sessions to give young entrepreneurs skills in writing successful business plans. The  training sessions will be countrywide.

ILO Youth Enterprise Facility (YEF) National Project Coordinator George Waigi said they aim at creating over 4,000 new businesses and nearly 7500 new jobs in three years.

According to Chase Bank CEO Duncan Kabui, “The ideas that have been presented in the last two years have shown promise and many of them have gone on to be the foundations of small companies with bright futures. Many companies started as a dream structured on paper and these dreams had the great fortune of landing in the hands of fellow believers.”